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A-IFR > Chapter 11 - PPE, Asset Acquisition and Disposition > Flashcards

Chapter 11 - PPE, Asset Acquisition and Disposition Flashcards

1
Q

the allocation of natural resources over their useful life

A

depletion

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2
Q

depletion definition

A

the allocation of the cost of natural resources over their useful life

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3
Q

definition amortization

A

the allocation of the cost of intangible assets over its useful life

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4
Q

the allocation of the cost of intangible assets over their useful life

A

amortization

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A-IFR (3 decks)

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